Lifestorage

California-based self-storage operator LifeStorage LP has appointed Ben Carr as chief investment officer and Vince Toenjes as general counsel. The new hires will assume their roles on March 23 and March 26, respectively, and will be based at the LifeStorage headquarters in ...More

California-based self-storage operator LifeStorage LP is seeking initial zoning approval before it purchases a 3.2-acre land parcel in Northbrook, Ill. The company has proposed to tear down an existing office building and erect a three-story storage facility. ...More

California-based self-storage operator LifeStorage LP has purchased two Superior Self Storage facilities in California for a combined total of $10.2 million. The properties at 1300 El Camino Ave. in Sacramento and 1022 E. St. in Woodland were family-owned and -operated. ...More

SpareFoot, an online marketplace for self-storage consumers, has identified eight independent self-storage operators it expects will grow significantly in 2015 through the acquisition of existing storage properties as well as new development. ...More

California-based self-storage operator LifeStorage LP recently secured $220 million in investment and revolving credit, which will be used to fund the company’s growth strategy. This ISS News Desk looks at who provided the investment injection and their reasons for ...More

California-based self-storage operator LifeStorage LP has purchased LottaStorage LLC in Collierville, Tenn., for $3.9 million. The Shelby County Assessor of Property appraised the property at $2.2 million in 2014, according to the source. The facility at 651 S. Rowlett St. ...More

California-based self-storage operator LifeStorage LP has secured a $120 million investment from TPG Real Estate, the real estate division of TPG, a global private-investment firm. LifeStorage will use the funds to support its acquisition strategy in the top 50 U.S. ...More

California-based self-storage operator LifeStorage LP has secured a $100 million line of credit from Citigroup Global Markets (Citi) to fund future acquisitions. The storage company’s growth plan includes buying properties in the top 50 U.S. markets. LifeStorage ...More

Chicago-based self-storage operator LifeStorage plans to convert a 60,589-square-foot building in Forest Park, Ill., into a storage facility with office suites. The village council approved an updated zoning map earlier this week that included the property at 1800 ...More